Industry and Trade trains 280 smaller businesses

The Ministry of Industry, Trade, and Supply announced the accreditation of 280 micro and small industrial facilities for the training and technical guidance phase within the "Leadership in Industry" program, following their successful completion of administrative and financial verification. The program, which lasts three days, focuses on developing development plans based on scientific principles and best global practices, with the aim of enhancing competitiveness and creating sustainable employment opportunities for Jordanians, in addition to increasing access to financial grants. The program includes five weeks of training and technical guidance sessions, along with individual consultations, involving 20 qualified mentors in partnership with the German Agency for International Cooperation (GIZ) and Beyond Consulting. After completing the training and guidance phases, participating facilities will have the opportunity to apply for financial grants valued between 25,000 and 100,000 JOD to finance 70-80% of project costs. In its initial round, 150 grants will be offered, including 120 small enterprises and 30 medium enterprises, funded by the German government through the German Development Bank (KfW). The results of the evaluation and the signing of contracts with the winners are expected to be announced at the beginning of next year.

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